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Banner Elk, North Carolina Mortgage and Housing Information
Population: 811
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Banner Elk
Income
| U.S. | North Carolina | Banner Elk | |
|---|---|---|---|
| Median Earnings | $23,755 | $22,276 | $5,985 |
| Median Earnings, Males | $29,458 | $26,812 | $7,308 |
| Median Earnings, Females | $18,957 | $18,619 | $4,482 |
Males earn $2,826 (63.1%) more than Females in Banner Elk.
Commuting in Banner Elk
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 227 |
| Carpooled | 14 |
| Public Transit | 0 |
| Bicycle | 0 |
| Walking | 60 |
| Other Means | 0 |
| Total, Commuted | 301 |
| Worked from home | 8 |
| Total | 309 |
Time Spent Commuting in Banner Elk
Time spent commuting in Banner Elk
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 70 |
| 5-9 | 82 |
| 10-14 | 34 |
| 15-19 | 23 |
| 20-24 | 21 |
| 25-29 | 21 |
| 30-34 | 16 |
| 35-39 | 4 |
| 40-44 | 2 |
| 45-59 | 13 |
| 60-89 | 6 |
| Over 90 | 9 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 33 | 20.6% | 19 | 11.9% |
| Associate Degree | 13 | 8.1% | 16 | 10.0% |
| Bachelor's Degree | 35 | 21.9% | 52 | 32.5% |
| Master's Degree | 21 | 13.1% | 14 | 8.8% |
| Professional Degree | 12 | 7.5% | 0 | 0.0% |
| Doctorate Degree | 6 | 3.8% | 4 | 2.5% |
| Total (at least some college) | 120 | 75.0% | 105 | 70.0% |
| Total over 25 | 160 | 100% | 150 | 100% |
Housing in Banner Elk
Cost of Single-Family Houses
| Median price asked in year 2000 | $225,000 |
|---|
Value of Houses and Condos
| U.S. | North Carolina | Banner Elk | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $95,800 | $156,300 |
Monthly Owner Costs
| U.S. | North Carolina | Banner Elk | |
|---|---|---|---|
| With a mortgage | $1,088 | $985 | $870 |
| Without a mortgage | $295 | $254 | $244 |
Tenancy in Banner Elk
| Owner-occupied homes | 109 |
|---|---|
| Renter-occupied homes | 106 |
| Homes for sale | 2 |
| Homes for rent | 12 |
| Total | 290 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Banner Elk (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 30 | 37.0% |
| First Mortgage Only | 41 | 50.6% |
| Second Mortgage and/or Home Equity Loan | 10 | 12.3% |
| Total | 81 | 100% |
Age of Banner Elk Residents
| Males | Females |
|---|---|
| 21 | 21 |
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